MoneyGram Sees Stability in Stablecoin Bill for Business Growth

MoneyGram CEO views the GENIUS Act as a significant opportunity for business development, believing it will pave the way for improved payments and clearer regulations within the industry. The bill, spearheaded by Senator Bill Hagerty, proposes to modernize U.S. payment systems using USD-backed stablecoins like USDC and RLUSD. This move is seen as aligning with MoneyGram’s strategic vision for digital asset adoption. MoneyGram CEO believes this regulatory clarity will enable stronger financial partnerships and solidify the company’s position in the evolving fintech landscape.